If you are nearing retirement, a reverse mortgage might be right for you. This type of mortgage essentially allows you to turn your home equity into cash. If you find yourself with little money, a reverse mortgage could be the perfect solution, and … [Continue reading]
A Quick Guide to Assessing Your Home’s Foundation for Cracks – And What to Do if You Find Them
When purchasing a home, there are a number of considerations that need to be taken into account. One of those considerations is the foundation of the home. No matter how perfect or suitable a property looks, taking the time to properly inspect the … [Continue reading]
Mortgage Budgeting 101: How to Determine What You Can and Can’t Afford
When taking on a new mortgage, it is important to know that you can afford to carry the debt load involved, as many people find themselves in financial trouble by spending more on real estate than they can comfortably maintain. Your mortgage budget … [Continue reading]
What’s Ahead For Mortgage Rates This Week – July 7, 2014
Last week's economic news was mixed, but economic reports for Non-Farm Payrolls and the National Unemployment rate suggest a strengthening labor sector. Pending Home Sales surpassed expectations in May and conversely, construction spending was lower … [Continue reading]
Buying or Selling, Here Are Three Traits You’ll Want in Your Real Estate Agent
For both buyers and sellers, choosing the right real estate agent is an important and difficult decision, but making the right selection is critical. Consider the following essential characteristics for a real estate agent before signing a contract: … [Continue reading]
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